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Murdoch says 'Pay for Online News Content'

London Telegraph:
Rupert Murdoch said the destiny of News Corporation's newspapers is in paid-for content, claiming that his media empire is "on the cusp of a digital dynasty" from which it will profit greatly. Unveiling a $284m post-tax profit for the three months to December, Mr Murdoch proclaimed "content is not just king, it is the emperor of all things electronic." Promising to announce major developments "in the next two months," the owner of the Sun and Wall Street Journal said consumers want content on an array of devices, and are willing to pay.

Posted by Editor at February 4, 2010 01:29 AM